october 2001 territory economic review www nt gov au ntt overview australia gross domestic product seasonally adjusted 1998 99 dollars 3 2 1 0 4 5 6 7 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 00 01 per cent year ended june moving annual growth on quarterly source treasury abs data in has slowed real gdp fell to 8 2000 as the australian economy continued slow caused largely by timing of construction and interest rate cycles setback came after three years annum despite signs recovery lower rates turnaround sector increased government spending are working stimulate demand however consumer business confidence been affected terrorist attacks united states this coupled with collapse ansett will have a negative impact at same time decline short term international visits affects tourism related sectors weaker external about hit outlook for